Joined: Nov '11
Location: Netherlands
Age: 32 (M)
Posts: 95
Me and a friend of mine have been wanting to create a team for a long time,
And im not going to explain it yet in big lines but the concept is simple
a Team with # players sharing a bankroll playing from that Bankroll sharing/splitting profits equally basically trying to make that bankroll grow for the entire team and make some nice profits
the reason i added admin approval im not sure if this idea is allowed or not,
Joined: Nov '10
Location: Serbia
Age: 37 (M)
Posts: 2087
Bad idea! Soon as someone start earning and someone start losing there will be fights. Plus, there is no way to track how much is sombody won...just bad
Joined: Mar '08
Location: United Kingdom
Age: 44 (M)
Posts: 6714
As said above, not a great idea, as the only person to profit from this would be the weakest link. There are team games out there, never played one though so dont know how they work. As for this suggestion cash is a no no because as said above, and tourns would be out as even when team A wins he has to split it all leaving everyone with pennies. That said I do think there is an opening somehow for team games.
Joined: Nov '11
Location: Netherlands
Age: 32 (M)
Posts: 95
wow what a negativity here let me straighten some things up
this idea can obviously only work on sites that are being tracked and this idea is meant for pokerstars that gets rid of @jovi his comment
@supernoob if you dont want to benefit from other players their skill and invest then i suppose the idea isn't suited for you
didn't even think about benefiting the site but that could be arranged as well keep this thread simple
disappointed having to give an example even
lets say 10 players are in the team they have a bankroll of $200 they all play 2 games of 2$ MTTs 3 players had 1 nice run and finished at the last 27 1 player cashed twice and made minimum profit 2 others cashed only once also with minimum profit
session over and Bankroll went up total $234.89
etc etc (the idea is to give yourself more odds then you can possibly play off course i gave a positive example it could just as well be that after the session they would be at $169.94)
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
Posted by jovicakralj: Bad idea! Soon as someone start earning and someone start losing there will be fights.
+ 1 i have been involved in lots of team projects ( non-poker though) and 1 thing that makes most people lazy and careless is knowing that there are other people who will cover up their losses/ duties.
and sorry about the negativity, but honest views nonetheless
Joined: Nov '11
Location: Netherlands
Age: 32 (M)
Posts: 95
i could even make things more complicated (but safer nonetheless)
lets say me for example Bankroll of $200 and i start off with this idea
anyone who wants to join and support the team or wants to be part of the team and play tourneys
can buy stocks the number of stocks is free to choose
me $200 = 200 stocks at value $1
now lets say for example my friend buys 20 stocks at Value $1
me $180 = 180 stocks at value $1 my friend $20 = 20 stocks at value $1
Total BR $200
him and me both play $1.10 and he finishes in the top 9 for $90 i lose somewhere early in the field
now it would stand as Total $287.80
Me 180 stocks is 90% of previous Total BR = 259.02 my friend 20 stocks is 10% of previous Total BR = 28.78
Total BR $287.80
NOW lets say someone gets interested and wants to buy some stocks himself lets say he wants to start off slow and buy 10 stocks
Total BR $287.80 devided by 200 stocks is $1.439 (value of the stock price went up)
he can buy 10 stocks for $14.39
Summary
Me 170 stocks at value $1.439 My friend 20 stocks at value $1.439 Someone interested 10 stocks at value $1.439
Total BR $287.80
etc etc
now the point where the stockholders want to keep making profit and as supernoob mentioned above people getting lazy and careless would obviously mean Bussiness People with more stocks will have more to say as what should be done to increase the BR
and this is where a Team will commence people will talk to each other come on ideas throw it in the group show their latest achievements on pile and as a Team decide THATS PROFITABLE lets go
starting something is never easy but if it works and it is positive it will get more fun more profitable the better the team does the more people will want to invest the higher the stock price will get (if the team gets profitable) and if people think meh this is not for me they can cash out their stocks.
hope i made some more impression on the idea and also some more safety
@BeMyATMplz ye i think it does require some help from the site (BRM) Pokerstars could be emailed aswell for a Team Account such as this First i want to know if people are interested hear their opnions and if there are people interested ask BRM or Pokerstars for some security safety of the Stockholders
Joined: Nov '11
Location: Netherlands
Age: 32 (M)
Posts: 95
what do you mean? i participated in this kind of team event before but the forum was small and went dead too much effort im simply trying to revive what i once participated in knowledge and credits to this idea are really not mine
even a few players would be fine by me i want to make some extra income on aside with poker like im sure there are more
Sorry but I agree it's a nonsense. I don't want to share my profit, even I have lost money and I get from others. This is one of the 1000 ways that there are to lose friends.
Joined: Mar '09
Location: Canada
Age: 36 (M)
Posts: 3207
Posted by Prohorse3: lets say 10 players are in the team they have a bankroll of $200 they all play 2 games of 2$ MTTs 3 players had 1 nice run and finished at the last 27 1 player cashed twice and made minimum profit 2 others cashed only once also with minimum profit
session over and Bankroll went up total $234.89
what if all 10 didnt cash? then ud be down 10X2=20X2=40$ then they dont cash agin ect.. whos to garentee atleast one player will cash? expecially at the 2$ tournys play can be hell and suckouts will be incredible. be better off gambling the 5$-10$ games aleast the play is better and payouts go with it. interesting idea but we cant even organize a 1$ tourny for mob members with any turnout so doubt ull be able to find any interest here. ill giver a go with ya if u have some interest for sure.
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
Kinda of risky and pretty unsure if you will be able to make a profit easier that way, than playing by yourself. I believe you should do that kind of move with persons you trust, but also easy to reach lol. gl with it
Joined: Feb '11
Location: Germany
Age: 31 (M)
Posts: 1859
Its basicly kinda reducing the own variance by having shares of others' play,however even if it was to happen,I couldnt do it on stars cause I'm staked for what I play there,so thats not even an option.
Also,as arsenej said,we cant even get a $1 homegame on stars going,so there's no way this could happen anyway
Joined: Nov '11
Location: Netherlands
Age: 32 (M)
Posts: 91
It's a bad idea, I would rather play myself.
If I wanted to invest I would stake people. If I know someone is gonna make nice profits I will stake him for lets say 250$ to play NL10. He will play for like a year with it. Then he gives 60% of his profits to me + the 250$ I initially gave him.
I'm not sure why you would want to reduce variance why you also could just play BRM.
Joined: Feb '11
Location: Germany
Age: 31 (M)
Posts: 1859
Posted by Noisecore: I will stake him for lets say 250$ to play NL10. He will play for like a year with it. Then he gives 60% of his profits to me + the 250$ I initially gave him.
Joined: Nov '11
Location: Netherlands
Age: 32 (M)
Posts: 95
indeed when i was done reading noisecore his post milk came from my nose staking someone $250 for a full year is bad bussiness for both staker as the Horse getting staked (unless he somehow cant deposit $250 himself)
a full year seems senseless to me unless the amount has 5 figures
too lazy to explain why ask meh tommorrow if ya need to know
Joined: Feb '11
Location: Germany
Age: 31 (M)
Posts: 1859
I'm getting 50/50 plus coaching twice a week,the ability to move up in stakes,and so on he probably just mentioned an example tho,I dont think he would let his horse only play NL10 for the whole year if results are good (off topic ftw)